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OCC highlights key risks for the federal banking system

Joe Mont | June 4, 2018

The Office of the Comptroller of the Currency has released its Semiannual Risk Perspective for Spring 2018. Key themes include: credit, operational, compliance, and interest-rate risks for the federal banking system.

The OCC’s risk assessment is published twice a year. The current edition spotlights the risks posed by rising interest rates. The good news, according to the report, is that “the condition of the federal banking system is strong.”

“The financial performance of banks making up the federal banking system improved in 2017 compared with 2016,” the report says. “That improvement continued into early 2018. The economic environment through the end of the first quarter of 2018 continued to support loan growth and bank profitability. Asset quality, as measured by traditional metrics such as...

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